Cryptocurrency market continues to boom, with more and more Britons ready to get on board

This is the “bull market” and every day more people are learning about cryptocurrencies, including institutional investors, small businesses, and retail investors.

Piplsay recently conducted a survey of 6,070 British people around Bitcoin, of which 23% said they were willing to buy cryptocurrency.

But in reality, more British citizens are willing to buy cryptocurrencies.

Piplsay, a global consumer research platform, recently surveyed Brits on their views on cryptocurrencies and their willingness to invest in these digital currencies. The survey revealed some exciting statistics.

The survey, conducted among 6,070 participants, showed that 54% of participants knew about cryptocurrencies, 36% had some knowledge of cryptocurrencies, and 18% had a good understanding of cryptocurrencies. A small number of people (about 9%) had not heard of cryptocurrencies, while 37% had heard of them but had no idea how they worked.

However, about 23% of the respondents expressed interest in entering the cryptocurrency space, and these people were labeled as new investors in the field, although they had not invested in any cryptocurrency before.

Older generations believe that investing in cryptocurrencies is extremely risky, while millennials are dismissive of it.

The survey also revealed that most participants in their 40s and 50s considered cryptocurrency investing to be a high-risk investment.

On the other hand, millennials in their 20s and early 30s believe that cryptocurrency investment is a preferable option over traditional investment methods, and this perception has further driven the boom in cryptocurrency investment.

Meanwhile, people born in the late 90s and early 2000s known as zoomers believe that investment in cryptocurrency is a safe investment.

However, zoomers are beating millennials in the money game, with more zoomers entering the cryptocurrency space than millennials.

We can see that a global awareness about cryptocurrencies is rising.

There is a global wave of interest in cryptocurrencies that is sweeping the world. Apart from the British, many people around the world are considering investing in cryptocurrencies and recognize them as a safe means of investment and a hedge against economic collapse.

Cryptocurrency evangelist Michael Saylor is also doing his best to educate CEOs and companies about Bitcoin, bringing cryptocurrency into the spotlight.

The original text comes from zycrypto, with some deletions, and translated by Blockchain Knight. The English copyright belongs to the original author. Please contact the translator for Chinese reprint.